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  #11  
Old 03-30-2004, 12:48 AM
Rook00 Rook00 is offline
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The main reason that is thought to have sparked this is the ending of a tarrif on steel. After that, China and Japan bought up and took a TON of steel (actually, BILLIONS OF TONS, to be precise )

I'm under the impression, however, that China has bought up what it needs (most of what it will use this year), so the prices might not keep going up. But, others see no end in sight. (Especially those in the steel industry).
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  #12  
Old 03-30-2004, 11:27 AM
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Green Pastures Green Pastures is offline
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Not to be a jerk or anything but have you been into town lately, prices on EVERYTHING are on the rise.
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Old 03-30-2004, 12:10 PM
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Lux Lawn Lux Lawn is offline
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The place I just bought a new trailer from raised there rates on trailers 12%.
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  #14  
Old 03-30-2004, 12:29 PM
Rook00 Rook00 is offline
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Yes, prices on everything seem to be rising, but not not like steel prices have risen.

Up 66%! USA Today, among other credible sources testify the same number. It has more than doubled, almost tripled. This is a little more significant than a general increase in prices. But you're correct, prices continue to rise on many other things, as well.
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Old 03-30-2004, 03:24 PM
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Old Red Old Red is offline
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Not a trailer but yesterday I asked about the price on a Brillion drill and was told that the price would be going up and that the increase was because of the rising price of steel.
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  #16  
Old 03-30-2004, 07:51 PM
badranman badranman is offline
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My Bobcat dealer told me the factory was behind 2500 machines because of the steel shortage.
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